Establish a regulatory mechanism for business credit reporting companies based on credit supervision

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Establish a regulatory mechanism for business credit reporting companies based on credit supervision

We will integrate social credit into the basic system of the market economy, and profoundly point out that we must improve the basic system of the market economy such as social credit and optimize the business environment. Carry forward the integrity culture and improve the long-term mechanism of integrity construction. The competent departments of the industry shall, together with the relevant regulatory departments, establish and improve the credit evaluation index system of cross-departmental comprehensive supervision matters, and clarify the grading and classification standards of business credit reports and the corresponding collaborative regulatory measures.

The National Development and Reform Commission and the People’s Bank of China, as the leading departments in the construction of the social credit system, play a crucial role in the social credit system, and a series of policy documents have pointed out the direction for the credit work in various fields and links. Not only focus on the four major areas to further refine industrial categories, but also “credit rating” and “enterprise credit information services” as encouraged industries. China attaches great importance to building a market-oriented and law-based international business environment. Since the beginning of this year, a series of targeted policies and measures have been deployed to improve the business environment, and positive results have been achieved. Deploy and carry out a year and a half of enterprise credit supervision data quality comprehensive improvement action, focus on comprehensive, accurate, complete and timely data, consolidate the foundation of credit supervision work, continue to improve the credit-based new credit supervision mechanism.


Post time: Dec-08-2023

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